Akeso, Inc. (HK:9926) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Akeso, Inc. has expanded its license agreement with Summit Therapeutics Inc., now including exclusive development and commercialization rights for its bi-specific antibody, ivonescimab, in additional regions such as Central and South America, the Middle East, and Africa. The amendment promises Akeso up to $70 million in upfront and milestone payments, plus sales royalties. Ivonescimab, which has been approved in China for certain lung cancer treatments, is undergoing multiple clinical trials for various indications.
For further insights into HK:9926 stock, check out TipRanks’ Stock Analysis page.